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    Microeconomics Canada
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    Exam 10: Output and Costs
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    A Firm's Total Fixed Cost Is $100
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A Firm's Total Fixed Cost Is $100

Question 61

Question 61

Multiple Choice

A firm's total fixed cost is $100.If total cost is $200 for one unit of output and $310 for two units,what is the marginal cost of the second unit?


A) $100
B) $110
C) $200
D) $210
E) $310

Correct Answer:

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